2116 N 2nd Street, Flagstaff, AZ 86004

$652,000
Property Type: Multi-Family Square Footage: 2,148 Status: Closed
Current Price: $652,000 List Date: 5/07/2024 Last Modified: 9/06/2024

Overview

Description

Discover a prime investment opportunity with this single-level triplex located near downtown Flagstaff, FMC, Buffalo Park, and popular biking trails. This property features three units: Unit 1 is a cozy 439 sq.ft. 1 bed, 1 bath; Unit 2 offers 997 sq.ft. with 2 bedrooms and 1 bath; Unit 3 is a comfortable 717 sq.ft. 1 bed, 1 bath. All units boast private entrances, ample parking, shared laundry facilities, spacious yards, and storage sheds. The rent has been intentionally kept below market value to retain excellent long-term tenants. For details on rental income potential, please contact the listing agent.

Listing Details MLS# 196673

Location, Tax & Legal

County
Coconino
Area
400 - Sunnyside
Street #
2116
Direction
N
Street Name
2nd
Suffix
Street
City/Town Code
Flagstaff
State/Province
AZ
Zip Code
86004

Contract Information

Public Marketing Date
2024-05-06
List Price/SqFt
309.59
Property Sub-Type
Multi Family
Transaction Type
Sale

Key Words

Sale/Rent Description
For Sale
Net Op Inc
CLO
Vacancy %
5% - 9.9%
Cap Rate
CLO
Imprv Sz (Gross SF)
1,500 - 2,999
Land Size
12,001 - 21,799 SF
# Units
3
Down Payment
Submit

General Property Description

# of Units
3
Year Built
1966
Year Built Source
County
Lot Dimensions
100.28x142.42x100.2x142.29

Status Change Info

Sold Date
2024-06-10
Sold Price/SqFt
303.53
Financing
Conventional

Currently Not Used

Approx SqFt
2148

More Information

To Show

Other
Showing Time

Property Features

Util incld in Rent: Electicity; Natural Gas; Sewer; Trash Collection; Water Potential Terms: Cash; Conventional; Submit Interior Amenities: Dishwashers; Laundry Area; Refrigerators; Smoke/Heat Det. Exterior Amenities: Fenced; Porch/Patio; Priv Yards Docs on File: Appraisal; Leases; Legal Descrip. Utilities: Cable Available; City Water; Electricity Available; Natural Gas; Phone Available; Sewer Heating: Electric Cooling: None Construction: Masonry Roof: Asphalt Shingle; Pitched Flood Zone: D-Undetermined Management: Owner/Family
IDX
Listing Office: RE/MAX Fine Properties
Source MLS Verified
Last Updated: September - 06 - 2024
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